Founder Collective

  • Securing A Huge Growth Round Crunch Network

    Securing A Huge Growth Round

    Pitching VCs is a serious challenge at any stage, but asking for a $30-60 million check is usually the sale of a founder’s life. Convincing an investor to accept a valuation that most normal people think you’d deserve in a year’s time (at best) piles on the challenge. I’ve recently been working with a few of our portfolio companies on these kinds of deals and wanted… Read More

  • Are Newly Formed Roles In VC Firms Differentiators, Table Stakes Or Total BS? Crunch Network

    Are Newly Formed Roles In VC Firms Differentiators, Table Stakes Or Total BS?

    In the venture capital world, we’re about to experience an explosion of hiring around one very specific function. These people won’t invest in startups, nor will they analyze companies. They won’t help operate the management company, nor will they focus on LPs. They won’t be EIRs or in-house recruiters or PR consultants or pretty much anything you’re accustomed… Read More

  • After Funding, Watch Burn Rates And Beware The Tyranny Of Incrementalism Crunch Network

    After Funding, Watch Burn Rates And Beware The Tyranny Of Incrementalism

    Every dollar the founders take out of the company sets the tone for the entire business going forward. Every dollar spent is a dollar of dilution, as it costs equity. Every unnecessary dollar spent on the founders sets the tone that cash should be more important than equity to everyone involved in the business. Read More

  • Founder Collective Raises $70 Million For New Fund

    Founder Collective Raises $70 Million For New Fund

    Founder Collective, a seed-stage investment fund, has rasied $70 million for a new fund (Founder Collective II), according to a blog post from the firm. The fund, which started making investments in 2009, was founded by Caterina Fake, Chris Dixon, Zach Klein, Bill Trenchard, Eric Paley, Micah Rosenbloom and David Frankel. Founder Collective’s first fund, which totaled $40 million, has… Read More

  • GiveForward Raises $2 Million For Crowd-sourced Donation Service

    GiveForward Raises $2 Million For Crowd-sourced Donation Service

    GiveForward, a crowdfunding site for people to raise money for loved ones during difficult times, announced a $2 million Series A round led by Founder Collective and First Round Capital, with Naval Ravikant and Firestarter Fund participating. Terms of the deal were not disclosed. Today’s announcement follows a previous $500,000 angel round in 2011 by New World Ventures, David Cohen… Read More

  • Founder Collective Makes A $4 Million Bet On Paddle8’s Online Marketplace For Fine Art

    Founder Collective Makes A $4 Million Bet On Paddle8’s Online Marketplace For Fine Art

    When it comes to a marketplace for fine art, a space which seems to intrinsically resist digital services, technology really hasn’t had quite the same disruptive influence it has in so many others. Startups like Zazzle and Art.com have taken steps to make art commercial and broadly accessible, with some cool technology to boot, but automation and democratization haven’t really… Read More

  • Penn Students Leave School to Launch CourseKit With $1 Million Seed Round

    Penn Students Leave School to Launch CourseKit With $1 Million Seed Round

    Three students at the University of Pennsylvania—Joseph Cohen, Dan Getelman, and Jim Grandpre—are quitting school to launch a new education startup called Coursekit, and they’ve raised $1 million in a seed round to do it. (Peter Thiel would be proud). The New York City startup just closed a seed round from Founder Collective, IA Ventures, Shasta Ventures and some… Read More

  • P2P Learning Startup Skillshare Gets $550,000 From Founder Collective and SV Angel

    Peer-to-peer education startup Skillshare, which just launched in April, raised a $550,000 angel round, according to an SEC filing. Investors in the New York City startup include Founder Collective, SV Angel, Collaborative Fund, David Tisch, and Scott Heiferman. Skillshare is a community where people can offer classes to other members. People sign up online, and meet in person for real… Read More

  • Stickybits CEO Billy Chasen on Pivoting

    Startup Sherpa: Chris Dixon And Stickybits CEO Billy Chasen Talk About Pivoting (Part I)

    Welcome to Startup Sherpa, a new show we are piloting on TechCrunch TV. Rather than have one of us at TechCrunch interview subjects, we thought we’d try something different. Startup Sherpa is more a conversation between founders that we get to listen in on. Super angel investor (Founder Collective) and Hunch founder Chris Dixon is our host, and in each episode he will be talking to… Read More